Public Profile

Ridgewood Savings Bank

Ridgewood Savings Bank, a prominent financial institution headquartered in the United States, has been serving its community since its establishment in 1921. With a strong presence in New York City and its surrounding areas, the bank operates primarily in the banking and financial services industry, focusing on personal and commercial banking solutions. Offering a range of core products, including savings accounts, mortgages, and business loans, Ridgewood Savings Bank distinguishes itself through personalised customer service and competitive interest rates. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner for individuals and businesses alike. With a commitment to community engagement and financial education, Ridgewood Savings Bank continues to enhance its market position as a reliable choice for banking needs.

DitchCarbon Score

How does Ridgewood Savings Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

23

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

30

Industry Benchmark

Ridgewood Savings Bank's score of 23 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Ridgewood Savings Bank's reported carbon emissions

Ridgewood Savings Bank currently does not have available data on its carbon emissions, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions data to analyse. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. Ridgewood Savings Bank may be engaging in industry-standard practices to address climate change, but without concrete information, it is difficult to assess their specific commitments or achievements in this area.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Ridgewood Savings Bank's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ridgewood Savings Bank is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ridgewood Savings Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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